Flipkart not blacklisted, it is a valued partner: IIM-A

Indian Institute of Management on Thursday called Flipkart “a valued partner’’ while ruling out the possibility of blacklisting the e-commerce firm, a month after it deferred the joining dates of 18 students from the B-school.TNN | Updated: June 24, 2016, 12:44 IST

Highlights

IIM-A ruled out the possibility of blacklisting the e-commerce firm.,

The B-school would set new guidelines for its placements to ensure that no corporate house repeated what Flipkart had done.,

The students were hired and promised a compensation of Rs 1.5 lakh for postponement of their joining.,

Ahmedabad’s Indian Institute of Management (IIM-A) on Thursday called Flipkart “a valued partner’’ while ruling out the possibility of blacklisting the e-commerce firm, a month after it deferred the joining dates of 18 students from the B-school.

“...no such thing has even been contemplated or discussed at any point of time,” IIM-A’s communication advisory committee chairperson Vijaya Sherry Chand said.

She said the students have offers from other companies and were in advanced stages of negotiations. “It is up to them to decide and firm up their decisions. The details of which companies they will be joining will be available soon.”

IIM-A director Ashish Nanda separately said the issue was closed. The students were hired and promised a compensation of Rs 1.5 lakh for postponement of their joining.

The postponement had prompted IIM-A to write a strongly-worded letter to the company demanding an increase in the compensation. The B-school had said it would set new guidelines for its placements to ensure that no corporate house repeated what Flipkart had done.

“Right now, we want to send out a strong message to corporate houses that they should define their recruitment policy appropriately before going to campuses,” IIM-A placement committee chairperson Asha Kaul had told TOI earlier this month.